ForgeRock公司(NYSE：FORG）卖空更新

ForgeRock, Inc. (NYSE:FORG – Get Rating) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 7,700,000 shares, a growth of 11.6% from the January 31st total of 6,900,000 shares. Approximately 18.9% of the shares of the company are sold short. Based on an average trading volume of 1,340,000 shares, the days-to-cover ratio is presently 5.7 days.

Insiders Place Their Bets

In other ForgeRock news, insider Samuel J. Fleischmann sold 6,357 shares of the company's stock in a transaction on Tuesday, February 21st. The shares were sold at an average price of $19.78, for a total transaction of $125,741.46. Following the sale, the insider now directly owns 46,014 shares of the company's stock, valued at $910,156.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CRO Peter K. Jr. Angstadt sold 75,000 shares of the stock in a transaction dated Wednesday, December 7th. The shares were sold at an average price of $21.36, for a total value of $1,602,000.00. Following the transaction, the executive now directly owns 121,654 shares of the company's stock, valued at $2,598,529.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Samuel J. Fleischmann sold 6,357 shares of the stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $19.78, for a total transaction of $125,741.46. Following the completion of the transaction, the insider now directly owns 46,014 shares in the company, valued at $910,156.92. The disclosure for this sale can be found here. Over the last three months, insiders have sold 185,447 shares of company stock valued at $3,817,252. 46.07% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On ForgeRock

Hedge funds have recently bought and sold shares of the business. Metropolitan Life Insurance Co NY grew its stake in ForgeRock by 30.3% during the fourth quarter. Metropolitan Life Insurance Co NY now owns 2,311 shares of the company's stock worth $53,000 after buying an additional 537 shares in the last quarter. Royal Bank of Canada grew its stake in ForgeRock by 222.4% during the third quarter. Royal Bank of Canada now owns 1,947 shares of the company's stock worth $27,000 after buying an additional 1,343 shares in the last quarter. Amalgamated Bank grew its stake in ForgeRock by 35.2% during the fourth quarter. Amalgamated Bank now owns 6,051 shares of the company's stock worth $138,000 after buying an additional 1,576 shares in the last quarter. Voya Investment Management LLC grew its stake in ForgeRock by 14.1% during the fourth quarter. Voya Investment Management LLC now owns 13,320 shares of the company's stock worth $303,000 after buying an additional 1,642 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in ForgeRock during the first quarter worth about $36,000. 32.31% of the stock is owned by institutional investors.

ForgeRock Stock Performance

NYSE:FORG traded down $0.09 during mid-day trading on Friday, reaching $20.25. 647,823 shares of the company's stock were exchanged, compared to its average volume of 776,178. ForgeRock has a one year low of $12.80 and a one year high of $25.00. The firm has a market capitalization of $1.73 billion, a PE ratio of -25.96 and a beta of 1.06. The business's fifty day simple moving average is $20.61 and its two-hundred day simple moving average is $20.20. The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.64 and a current ratio of 3.64.

Analyst Upgrades and Downgrades

Separately, TheStreet lowered shares of ForgeRock from a "c-" rating to a "d+" rating in a research report on Tuesday, February 7th. Eleven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $22.80.

ForgeRock Company Profile

(Get Rating)

ForgeRock, Inc, together with its subsidiaries, operates a digital identity platform to secure, manage, and govern the identities of customers, employees, partners, application programing interfaces (APIs), microservices, devices, and the Internet of things worldwide. It offers identity management products to automate onboarding/registration and progressive profiling, identity lifecycle and relationship management, identity provisioning and synchronization, user self-service, personalization, delegation, and privacy and consent management.

Recommended Stories

• Get a free copy of the StockNews.com research report on ForgeRock (FORG)
• MarketBeat Week in Review – 2/27 – 3/3
• The 3 Most Upgraded Stocks Are Reversing
• How to Find Blue Chip Dividend Stocks
• Zscaler, Inc Plummets, Is It Time To Buy The Dip?
• What is a Good Dividend Yield? How to Decide

Receive News & Ratings for ForgeRock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ForgeRock and related companies with MarketBeat.com's FREE daily email newsletter.